Steve Nicks

We’re Seeing Numbers We Haven’t Seen In Almost A Year!

Market Analysis & Stats

For the first time since June, 2007 the sales numbers for single family detached homes in Maricopa County were above 4,000.  To be exact, for the previous 30 day period (4/25/08 – 5/25/08) there were 4,056 homes sold through the Arizona Regional Multiple Listing Service (ARMLS).  Keep in mind that this may not include every home [...]

26 May 2008 Read the full article →

Phoenix Predictions

General Musings

With all of the so-called experts making predictions about the Phoenix real estate market, I try to refrain from making definitive predictions myself about when the market will rebound, when the bottom of the market will hit, and so on.  There are just so many variables that contribute to how the Phoenix real estate market [...]

23 May 2008 Read the full article →

Not Going To See These For A While

General Musings

As I was driving around this afternoon taking care of a few errands, I noticed a couple of things that I don’t expect to see for a while. I figured I’d take a couple of pictures to savor the moment. I promise I was stopped when I took that picture. Albeit in the middle of [...]

14 May 2008 Read the full article →

I Blame The Phoenix Real Estate Market

General Musings

I went to get my hair cut on Tuesday, like I do every three weeks (I might have a touch of OCD, when it comes to tidiness, my hair included. Just ask my wife, sometimes most times I drive her nuts). I was informed midway through the hair cut that I had a few grey [...]

8 May 2008 Read the full article →

Open House Home Shoppers

General Musings

I worked an open house this past weekend for one of my listings. It was fairly typical. We had about 10 people show up in a 4 hour period, most of which were not terribly interested in the house for one reason or another. As I told my clients prior to the open house, the [...]

7 May 2008 Read the full article →

Maricopa County Absorption Rate

Market Analysis & Stats

With the increase in Pending numbers and subsequent increase in Sales numbers since the beginning of the year, we’ve hit a mark in Absorption Rate that we haven’t seen since August 2007. We are back under 12 months of inventory (a.k.a. Absorption Rate) for the first time in 8 months. While the Sales numbers have [...]

26 April 2008 Read the full article →

Pat’s Run – Results

General Musings

Okay, so I didn’t win the race. And to be quite honest I wasn’t really looking at it as a race. I had goals set for myself that, if I met, would provide for a victory in my mind. The run on Saturday (4/19/08) to support former ASU Sun Devil Pat Tillman and the Pat [...]

21 April 2008 Read the full article →

Pending Sales – What’s On The Horizon – Update #2

Market Analysis & Stats

As I noticed and discussed in my two previous posts regarding Pending Sales, we are continuing to see a steady increase in the number of properties in “Pending” status, and have begun to see an increase in the “Sales” numbers as well. This is great news. Here are the updated charts showing the latest weeks’ data. [...]

17 April 2008 Read the full article →

If I Were You, I’d Make Sure Your Listings Are Mapped Correctly

Seller Help

I don’t know about you, fellow bloggers, but when I’m searching for homes for many of my buyer clients I search by a geographic boundary. It’s typically how my clients talk to me about where they want to live. “I want to be north of Bell Rd and East of 7th Ave…” (or whatever the [...]

16 April 2008 Read the full article →

Pat’s Run

General Musings

On Saturday, April 19th at 7:00am the starter’s gun will sound and yours truly, along with my wife and a couple of friends, will be among the thousands participating in Pat’s Run. The 4.2 mile run will start on Packard Drive just to the east of Sun Devil Stadium and will finish on the 42 [...]

15 April 2008 Read the full article →

Selling My Grandmother’s House

Central Phoenix

It’s time. My grandmother is getting to the age where living alone in her home, the home that she and my grandfather bought in 1956 when they moved here from New York, just isn’t smart for her any more. It takes maintenance that she’s not able to provide. It takes money to maintain which she [...]

14 April 2008 Read the full article →

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